Michael Turits, analyst at KeyBanc, reiterates coverage on Sprout Social (SPT) in the Technology sector with a Buy rating. TipRanks.com has Turits rated as a 5 star analyst with a 25.00% return on investment and a 75.00% success rate. Turits has set a price target of $82.00.
TipRanks.com reports that SPT currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $81.63. The target pricing ranges from a high forecast of $86.00 down to a low forecast of $77.00.
SPT’s last closing price was $70.11 which would put the average price target at 16.43% upside.
In addition, TradingView issued a Neutral rating for SPT over the next month.
Remember, securities are volatile, so please do your own research on SPT.
Other analysts covering SPT include:
- Clarke Jeffries of Piper Sandler issued a buy rate with the price target of $86 on May 24th
- Matthew VanVliet of BTIG issued a buy rate with the price target of $80 on May 11th
- Raimo Lenschow of Barclays issued a buy rate with the price target of $77 in April
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